Argentina plans gradual end to banking freeze with bond option
Argentina's government outlines a phased end to the banking freeze offering depositors bonds maturing in five or ten years, with three year bonds for seniors. The plan, voluntary and payable within 30 days choices, aims to rebuild the financial system as IMF talks resume and poverty remains high.
MENTIONED IN THIS ARTICLE
Buenos Aires
Argentina
Roberto Lavagna
Lavagna
Duhalde
IMF
Teamster panel expels ex aide to Hoffa in pay undercut scheme
CHICAGO AP A union oversight panel has ordered a lifetime ban on William Hogan Jr and Dane Passo for allegedly trying to pressure a Las Vegas local into signing a substandard contract with United Services Cos to benefit Hogan's brother's firm. The Las Vegas local did not accept the deal but gave some work to the firm. A federal judge must uphold the ruling. Hogan and Passo deny the charges.
MENTIONED IN THIS ARTICLE
Chicago
Teamsters
Las Vegas
William Hogan Jr
Dane Passo
James P. Hoffa
Hogan
Passo
United Services Cos
Mike
Mike Hogan
United
New York
Hogan and
Washington
Hoffa
Teamsters Joint Council 25
Bush
Union
Oversight Board
OPEC Names Supposed Successor To Rodriguez
In Riyadh OPEC members discussed a successor to Ali Rodriguez who is resigning to run Venezuela's oil operations. The Saudi Press Agency said a public name was not released and officials anticipate a quick, amicable decision.
MENTIONED IN THIS ARTICLE
Riyadh
Saudi Arabia
Organization of Petroleum Exporting Countries
Ali Rodriguez
Venezuela
OPEC
Rodriguez
Abdullah
Saud al- Faisal
Ali Naimi
Naimi
Dynegy Boss Watson to Receive 33 Million Severance Bonus
Charles L. Watson, Dynegy chair and CEO, resigned this week and is to receive at least 33 million in severance. The package hinges on three times his average pay in his top three years plus the projected value of stock options. Watson’s base salary started at 1.5 million in 2000, with total compensation over 11 million yearly including options.
MENTIONED IN THIS ARTICLE
Houston
Dynegy Inc
Charles L. Watson
Energy
Dynegy
Watson
U.S. Securities and Exchange Commission
U.S
Enron Corp
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Julio Perin
Monte Grande
Southern
Kerasotes Theatre
Carbondale
Marion
Harrisburg
Benton
Mt. Vernon
Thesouthern.com
Teamster
Beijing
China
Xinhua
Chuck
John Sousa
House of Furniture
Ui A
Iit
Carterville
The
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